What Do You Do With an Idea?

First is the observation I’ve made throughout: that people are building companies based on ideas from the 1950s and 1960s.

This is a very real thing. Earlier this week, I met with Tyler Hayes at Atom Limbs to see the robotic prosthetic he and his team are building. After he slipped the cuff on my arm and as we were waiting for the system to boot up... See more

By the time those ideas’ productivity was realized, they were relatively old ideas. As Perplexity concluded, “In conclusion, while the 1950s and 1960s saw remarkable TFP growth, this ‘golden age’ was largely built on technological innovations and research from earlier decades, particularly the 1930s and 1940s.” There was a two decade lag.

So given ... See more